PROFITABILITY AND RESOURCE USE EFFICIENCY OF BORO RICE PRODUCTION IN FAVORABLE AND SUBMERGENCE ECOSYSTEMS OF TANGAIL DISTRICT: A COMPARATIVE STUDY
Profitability and resource use efficiency of boro rice…
Keywords:
Favorable ecosystem, Submergence ecosystem, Profitability, Resource use efficiencyAbstract
The present study was conducted to estimate the profitability and resource use efficiency of Boro rice production in two ecosystems of Tangail district. A total of 80 farmers were interviewed randomly for data collection through a structured questionnaire. Data were analyzed with a combination of descriptive statistics, mathematical and statistical techniques. Profitability analysis revealed that producing Boro rice resulted in the maximum profit for the farmers at submergence ecosystem compared to favorable ecosystem. The Cobb-Douglas production function analysis indicated that output of Boro rice was positively and significantly correlated with labor, seed, TSP and irrigation at favorable ecosystem. The study also found that inputs like labor, seed, power tiller, irrigation, urea and pesticide have significant influence on increasing Boro rice production at submergence ecosystem. Resource use efficiency analysis showed that farmers inefficiently used their inputs for Boro rice production. Following problem facing index (PFI), low price of paddy and lengthy water logging condition were the main problems faced by the farmers. The study recommended that proper training and extension support should be made available by the government and non-government organizations to enhance the profitability and to ensure the optimum use of resources in Boro rice production.
